Latest Market Reports on ICT and Semiconductor by Valuates Reports

BANGALORE, India, Aug. 14, 2020 /PRNewswire/ -- The semiconductor market, positioned in the upstream segment of all electronic products' supply chains, represents all devices that feature built-in chips. As the industrial electronics industry shifts toward vertical cooperation, the demand for semiconductor devices is vulnerable to price instability. However, amid the COVID-19 outbreak, global semiconductor market growth remained robust in the first quarter of 2020.

The global semiconductor market size is expected to reach USD 417.2 Billion in 2020, with a 1.2% year-on-year growth.

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In the same year, the shipment value of the Taiwanese semiconductor industry is estimated to grow 1.7% year-on-year and arrive at NTD 2.45 Trillion (USD 83.1 Billion), higher than the global average. The growth of the Taiwanese semiconductor industry can be attributed to its advanced semiconductor manufacturing processes and the benefits of acquisitions and mergers.

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This study offers insight into the global semiconductor market and the Taiwanese semiconductor industry between 2018 and April 2020-including fabless IC, semiconductor manufacturing, and OSAT (Outsourced Semiconductor Assembly and Test).

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Taiwanese IC Packaging & Testing Market, 1Q 2020

The Taiwanese IC packaging and testing market size was USD 4.33 Billion in the fourth quarter of 2019, up 4.3% sequentially and 10.6% year-on-year.

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However, the first quarter of 2020 has seen shipment value of the industry to have grown 18.8% year-on-year but declined 7.5% sequentially, reaching USD4.0 billion. This decline is attributed to the industry's seasonal cycle and the shortened working days due to the COVID-19 pandemic.

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This research study presents the shipment value forecast and the recent quarter analysis of the 1Q18-2Q20 Taiwanese OSAT (Outsourced Semiconductor Assembly and Test) market and provides a breakdown of customer sources. In this study, the companies surveyed are major OSAT companies in Taiwan, including ASE, PTI, KYEC, Siguard, and Ardentec.